eBay shares rise after releasing strong earnings outlook

The company expects first-quarter revenue to exceed analysts' expectations and has also announced the acquisition of the fashion second-hand trading platform Depop from Etsy. This series of positive news pushed its stock price up by 3.6% during trading, demonstrating the market's positive response to the company's strategic layout. This acquisition marks a significant breakthrough for eBay in expanding its reach among younger consumers. As a social shopping platform favored by Generation Z, Depop will effectively complement eBay's business landscape in the fashion vertical sector. Although transaction details have not been disclosed, market analysts believe this will strengthen eBay's competitiveness in the second-hand e-commerce market. Meanwhile, eBay's optimistic outlook for the current quarter has also boosted investor confidence. Company management revealed during the earnings call that the continued growth in global e-commerce demand has provided strong support for its performance. Despite challenges such as rising logistics costs, the simultaneous growth in the number of active buyers and sellers on the platform is still seen as a positive signal.